Monday, July 25, 2016

The American Dream Moved to Canada

Does your family aspire to the American Dream of a decent paying
job, a few weeks of paid vacation, a home of your own, and the hope of retiring
before you die?

Maybe try Canada.

Our country has historically prided itself on being a socially
mobile society, where your ability is more important than the race or class
you’re born into. Indeed, during the three decades after World War II, social
mobility increased — particularly for thewhite working class.

That mobility became part of our self-identity, especially when
juxtaposed with the old “caste societies” of Europe and their static class
systems. Today, however, that story has been turned on its head.

If you forgot to be born into a wealthy family, you’re better
off today living in Northern Europe orCanada, where social safety nets and
investments in early childhood education have paid big dividends for ordinary
citizens. In fact, Canada now hasthree timesthe social mobility of the U.S.

Young people in the U.S. face huge inequalities of opportunity,
in large part based on the wealth — or lack of wealth — of their parents.
Researchers call this the “intergenerational transmission of
advantage,” referring to the dozens of ways that affluent families
boost their children’s prospectsstarting at birth.

Affluent families make investments that give their kids a leg up
through childhood enrichment activities, including travel, music lessons,
museum visits, and summer camp.

As they grow older, wealthier kids have better access to college
guidance, test preparation, financial literacy skills, and debt-free or
low-debt educations.

Then, as they enter the workforce, wealthy young adults have
access to their parents’ social networks and are able to take unpaid
internships to help them develop job skills. Meanwhile, children in families
unable to make these investments fall further behind.

Combined with the 2008 economic meltdown and budget cuts in
public programs that foster opportunity for middle and low-income families,
we’re witnessing accelerating advantages for the affluent and compounding
disadvantages for everyone else. And once inequalities open up,research says, they
rarely decrease over time.

The U.S. could rise to this challenge, as we did in the years
after World War II and in the early 1960s, by resolving to make robust public
investments in policies that include everyone.

But in our increasingly plutocratic political system, the very
wealthy — who have oversized political influence along with oversized bank
accounts — have less stake in expanding opportunities for the rest of us, as
their own children and grandchildren advance through privatized systems.

We can’t stop well-off families from passing advantages to their
children, but we can give everyone else a fair shot.

High-quality early childhood education, universal access to
health care and nutrition, resources for those with learning disabilities and
special needs, and tuition-free higher education for first-generation college
students are key initiatives that would help level the playing field.

We could make this possible by taxing wealth. Revenue from a
steeply progressive estate or inheritance tax could capitalize an education
opportunity trust fund.

If we don’t take action, the United States will further drift
toward a caste society fractured along class lines, where opportunity,
occupation, and social status are determined by inherited advantage.

By then, our presidential race won’t be the only thing tempting
people to move to Canada.

Chuck
Collins is a senior scholar at the Institute for Policy Studies and a co-editor
ofinequality.org. His forthcoming book isBorn on Third Base.Distributed by OtherWords.org.

Thought for the day

You’d be forgiven if you hadn’t noticed. His verbal bombshells are louder than ever, but Donald J Trump is no longer president of the United States. By having no constructive response to any of the monumental crises now convulsing America, Trump has abdicated his office. He is not governing. He’s golfing, watching cable TV and tweeting…

In reality, Donald Trump doesn’t run the government of the United States. He doesn’t manage anything. He doesn’t organize anyone. He doesn’t administer or oversee or supervise. He doesn’t read memos. He hates meetings. He has no patience for briefings. His White House is in perpetual chaos.

Robert Reich

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